35 years of accounting or finance experience, preferably in inventory accounting, manufacturing,

distribution, or supply chain finance.

- Solid knowledge of inventory accounting and financial reporting requirements
- Advanced Excel skills and data analysis capabilities.
- Ability to work under tight time schedules and to handle multiple tasks.
- Able to adapt to new responsibilities with an agile mindset.

key responsibilities.

• Manage month-end inventory close activities, including inventory reconciliations, accruals, journal entries,

and inventory-related financial reporting.

• Monitor inventory balances and ensure inventory transactions are accurately recorded in compliance with

company policies, accounting standards, and internal control requirements.

• Perform monthly reconciliations between inventory subledgers and the general ledger, investigating and

resolving discrepancies on a timely basis.

• Execute inventory cost adjustments, including purchase price variance (PPV) analysis, landed cost

allocations, and other inventory costing activities, ensuring appropriate accounting treatment.

• Analyze inventory movements, valuation, variances, reserves, and key inventory metrics to identify trends,

risks, and opportunities for improvement.

• Prepare inventory-related financial reports,



balance sheet reconciliations, management analyses, and

commentary to support business decision-making.

• Assess inventory recoverability and evaluate excess, slow-moving, and obsolete inventory, including the

preparation of inventory reserve analyses and recommendations.

• Partner with Supply Chain, Procurement, Logistics, and Operations teams to improve inventory

management practices, strengthen financial controls, and support inventory governance.

• Support physical inventory counts, cycle counts, stock audits, and inventory verification activities to ensure

inventory accuracy and integrity.

• Prepare audit schedules and supporting documentation for internal and external audits, and assist in the

timely resolution of audit inquiries.

• Ensure compliance with corporate accounting policies, regulatory requirements, and inventory-related

internal controls.

• Identify and implement process improvements to enhance inventory accounting accuracy, efficiency,

reporting capabilities, and operational effectiveness.

• Participate in ERP implementations, system enhancements, business process transformations, and other

inventory-related projects.

📌 Inventory Accountant (Pref Manufacturing) (Pune)
🏢 Randstad
📍 Pune